42 Wayne Pl - Apartments FOR SALE


San Francisco, CA 94133- Nob Hill
$1,850,000 USD
415-727-1271
42 Wayne Pl, San Francisco, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/6
null | 5.64% Cap Rate

42 Wayne Pl
San Francisco, CA 94133
Nob Hill


OVERVIEW

42-46 Wayne Place is a well-maintained three-flat apartment building located in the heart of North Beach / Chinatown. The property consists of 2 two-bedroom flats and 1 three-bedroom flat. Flats have been lightly renovated and feature modern kitchens. The property benefits from low operating expenses, with separately metered gas and electrical systems. Additional features include a small ground-floor storage or office space and on-site coin-operated laundry. Located just one block from the cable car line, the property offers strong rental income, and upside from future renovations and ADU development. Features: • Well Maintained 3-Flat Apartment Building • Low Expenses • Solid Rental Income • ADU Opportunity • Modern, Renovated Kitchens • Units Lightly Renovated • Fully Occupied • Cable Car Line 1 Block Away

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$596 USD /SF

# OF UNITS

3

PRICE/UNIT

$616,667

CAP RATE

5.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

42-46 Wayne Place

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,365 SF

ZONING

RH3

APN/PARCEL ID

0159-034

ASK ABOUT THIS PROPERTY

Matthew C. SheridanMaven Commercial, Inc.More Info
415-727-1271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matthew C. SheridanMaven Commercial, Inc.More Info
415-727-1271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.